Question 6

Current Attempt in Progress This information relates to Ayayai Real Estate Agency. Oct. 1 Stockholders invest $29,100 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $30,000. 3 Buys office furniture for $3,610, on account. 6 Sells a house and lot for E.C. Roads; commissions due from Roads, $10,000 (no foaid by Roads at this time). 10 Receives cash of $130 as commission for acting as rental agent renting an apartment. 27 Pays $600 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2.500 in salary for October. Joumalize the transactions. (If no entry is required, select "No entry" for the eccount titles ond enter Ofor the anounts. Credit account tities are cutomatically indented when omount is entered, Do not indent manailly. Record pumal entries in the order presented in the problem.)